Goldstorm Metals Commences IP Geophysical Survey on the Crown Property, Located in the Golden Triangle of British Columbia
Goldstorm Metals Commences IP Geophysical
Survey on the Crown Property, Located in the
Golden Triangle of British Columbia
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2025) -
Goldstorm Metals Corp
.
(TSXV:
GSTM) (FSE: B2U)
("
Goldstorm
" or
the "Company
") is pleased to announce that the Induced
Polarization (IP) geophysical program (the "
Program
") has commenced at the Company's 100%-owned
Crown Property, which covers approximately 16,000 hectares situated adjacent to, and due south of,
both Seabridge Gold Inc.'s KSM gold-copper project and Newmont's Brucejack gold mine.
See map
below to view the Crown Property location.
The IP Program will target the Copernicus Zone and other
geochemical anomalies along the Orion Spine at the Crown Property.
Crown Property Location Map
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9214/263873_62f16eaf64f9db92_002full.jpg
Ken Konkin, P. Geo., President and CEO, comments:
"We are pleased to announce that the
geophysical phase of exploration on the Crown Project has begun. This study is expected to greatly
assist our team in prioritizing drill targets along the Orion Spine, which is located directly south of, and on
trend with the extensive string of Treaty-KSM gold-copper porphyry deposits. We believe that great
geological potential exists for the continuation of the Treaty-KSM porphyry trend southwards, through the
center of our Crown Claims beneath the Orion Spine.
The geophysical surveys will focus on the known zones of mineralization at Copernicus and areas of
anomalous gold-in-rock geochemistry immediately north and south of Copernicus which lies mid-way
down along the Orion Spine. We expect the IP survey to be completed before the end of August and
Simcoe Geoscience will follow up with a Magnetotelluric (MT) study, which is designed to map
lithologies and structures at depth. We anticipate that the results of these surveys will considerably
improve our geologic understanding of the project as we prepare for preliminary exploration drilling. The
goal is to evaluate the underlying geology along the 1.4-kilometer trend of the Copernicus Zone to
determine if a large intrusive-related target at depth may be the source for the mobilized copper-gold-
silver mineralization identified on surface. The IP study will cover 3.5-kilometers of the impressive,
anomalous gold-in-rock geochemical trend that extends along the north-south oriented Orion Spine. The
objective of the geophysical studies is to outline resistivity/conductivity and magnetic features that may
represent larger mineralized targets, as well as identify major regional structures that are known to play
an important role in the geological model for the porphyry systems located on trend to the north, at KSM
and at Treaty Creek.
Our field crews have been mapping, prospecting and sampling freshly exposed outcrop on both the east
and west flanks of the receding glaciers bounding the Orion Spine. Attention has been given to the
structural orientation of high-grade base- and precious-metal mineralization that may be emanating from
deeper sources, which could be related to potential intrusive-related activity such as a porphyry system. If
the metal sources for the Copernicus Cu-Au-Ag structures are related to deeper, larger, mineralized
bodies, vectoring from these, and other newly discovered structures, toward a potential source would be
important information for designing the initial drill program. The first phase of rock channel sampling has
been completed and these include 165 grab, rock-chip and saw-cut channel samples.
We hope to
receive the rock geochemical analysis results near the end of the month to coincide with the end of the IP
program."
The MT Survey announced in the Company's press release dated August 6, 2025, will be carried out
following the completion of the IP Program.
Below is a view of the Orion Spine rock geochemical gold
anomalies and areas for the IP and MT geophysical surveys at the Copernicus Zone.
2025 Ground Geophysical Survey Area - Orion Spine
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9214/263873_62f16eaf64f9db92_003full.jpg
Qualified Person
The Qualified Person for this news release for the purposes of National Instrument 43-101 is the
Company's President and CEO, Ken Konkin, P.Geo. He has read and approved the scientific and
technical information that forms the basis for the disclosure contained in this news release.
QA/QC
All samples were prepared at MSA Labs' Preparation Laboratory in Terrace, BC and assayed at MSA
Labs' Geochemical Laboratory in Langley, BC. Gold was assayed using a fire assay with atomic
absorption (AA) spectrometry finish. Samples over 10 ppm gold were fire assayed with gravimetric
finish. All samples were analyzed by four acid digestion with multi-element ICP-MS, with silver and base
metal over-limits being reanalyzed by emission spectrometry. MSA Laboratories quality system
complies with the requirements for the International Standards ISO 17025 and ISO 9001. MSA Labs is
independent of the Company.
About Goldstorm Metals
Goldstorm Metals Corp. is a precious and base metals exploration company with a large strategic land
position in the Golden Triangle of British Columbia, an area that hosts some of the largest and highest-
grade gold deposits in the world. Goldstorm's flagship projects, Crown and Electrum, cover an area that
totals 16,469 hectares over 6 concessions, of which 5 are contiguous.
The Crown Project is situated
directly south of Seabridge Gold's KSM gold-copper deposits and Newmont Corporation's
Brucejack/Valley of the Kings gold mine.
Electrum, also located in the Golden Triangle of BC, is situated
directly between Newmont Corporation's Brucejack Mine, approximately 20 kilometers to the north, and
the past producing Silbak Premier mine, 20 kilometers to the south.
ON BEHALF OF THE BOARD OF DIRECTORS OF
GOLDSTORM METALS CORP.
"
Ken Konkin
"
Ken Konkin
President and Chief Executive Officer
For further information, please visit the Company's website at
https://goldstormmetals.com/
or
contact:
Chris Curran
VP Investor Relations and Corporate Communications
Phone: (604) 559-8092
E-Mail:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.
Cautionary Statement Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking
information within the meaning of applicable Canadian securities laws. All statements in this news
release, other than statements of historical facts, including statements regarding future estimates,
plans, objectives, timing, assumptions or expectations of future performance, including without
limitation, the statement regarding the expectation that geologists are expected to complete a
compilation study this winter once all assay results are received. Such a statement is a forward-
looking statement and contains forward-looking information.
Generally, forward-looking statements and information can be identified by the use of forward-looking
terminology such as "intends" or "anticipates", or variations of such words and phrases or statements
that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking
statements are based on certain material assumptions and analysis made by Goldstorm and the
opinions and estimates of management as of the date of this press release, including that geologists
will complete a compilation study this winter once all assay results are received.
These forward-looking statements are subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, level of activity, performance or achievements of Goldstorm
to be materially different from those expressed or implied by such forward-looking statements or
forward-looking information. Important factors that may cause actual results to vary, include, without
limitation that geologists will not complete a compilation study this winter or at all.
Although management of Goldstorm has attempted to identify important factors that could cause
actual results to differ materially from those contained in forward-looking statements or forward-looking
information, there may be other factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking statements and forward-looking
information. Readers are cautioned that reliance on such information may not be appropriate for other
purposes. Goldstorm does not undertake to update any forward-looking statement, forward-looking
information or financial out-look that are incorporated by reference herein, except in accordance with
applicable securities laws.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/263873